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Client Spotlight : Rev.io

by

Client

Rev.io

industry
Telecommunications
client challenge area

increase velocity

technology
ASP.NET, .NET Core, AWS, RDS, Lambda, EC2, S3, SQS, & SNS
Engagement
hourly
Problem Solvers

Telecommunication platform hires KEYSYS to automate accounting transactions & allow them to scale

CLIENT:

Rev.io provides a secure, reliable, and flexible usage-based billing platform along with a powerful customer management system where users can seamlessly manage their customer relationships.

PROBLEM:

Rev.io is a massive invoicing engine. Accounts receivable and accounts payable are reconciled through payments collected through their invoicing engine. Then, this data is manually rekeyed into Quickbooks Online.

The manual entry has not only been cumbersome, time-consuming, and error stricken, it has hindered Rev.io from having a big picture and up to date understanding of their company.

The accounting team can only provide transactional understandings of the company as a whole. As soon as the information is manually updated, the next set of data has already arrived and needs to be entered into Quickbooks Online. Manual entry leaves Rev.io constantly playing a game of catch up.

With business increasing, it’s becoming harder to maintain the manual entry pace. Other core responsibilities are not fully completed because the accounting team spends the majority of their time trying to keep track of revenue streams.

APPROACH:

In order to streamline the flow of invoices, payments, and customers from Rev.io’s invoicing engine to the Quickbooks Online accounting platform we installed our proprietary application, Integration Manager (INTMGR).

Integration Manager is a cloud-based enterprise platform as a service (PaaS) that provides simple, efficient integrations between two cloud accessible systems. Integration Manager allows administrators to set up data workflows and map data types between multiple different systems seamlessly. Read more about Integration Manager

OUTCOME:

Integration Manager provides Rev.io with automated reconciliation of accounts payable and accounts receivable.

This allows Rev.io’s platform to create a bill and then send it to the customer. When that is complete, Integration Manager pushes the billing information to Quickbooks Online’s accounting platform automatically.

IMPACT:

Rev.io is now able to see an updated, real-time status of their company, rather than giving isolated data snapshots.

The addition of Integration Manager has allowed Rev.io’s accounting department to focus on their core job responsibilities by reducing manual tasks, saving them both time and money

As Rev.io scales their business, the process for reconciling billing and accounting can remain the same without requiring additional hires.

LEE DANIEL

Chief Technology Officer

SPECIALTIES

  • Cost Optimization
  • System Integration
  • Serverless Architecture

KEVIN EMMERT

Director of Product

SPECIALTIES

  • Behavior-driven development
  • Agile software development
  • Web applications & services

MANISH SHRESTHA

Senior Software Engineer

SPECIALTIES

  • Behavior-driven development
  • Agile software development
  • Web applications & services

Download a PDF of this Case Study

Rev.io Case Study

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